1. Selling price of your house
$89,900
2. Picture/description of your house
3. TOTAL cost of house (over 30yrs at 6% interest rate)
$184,320
4. Total amount bank will loan you (mortgage eligibility)
5. Your monthly payment for mortgage
$512
6. Your monthly taxes (take year from Beacon and divide by 12months)
$180
7. Monthly insurance cost (25% of your home selling price)
8. Your total house cost per month (insurance, taxes, repayment)
$89,900
2. Picture/description of your house
3. TOTAL cost of house (over 30yrs at 6% interest rate)
$184,320
4. Total amount bank will loan you (mortgage eligibility)
5. Your monthly payment for mortgage
$512
6. Your monthly taxes (take year from Beacon and divide by 12months)
$180
7. Monthly insurance cost (25% of your home selling price)
8. Your total house cost per month (insurance, taxes, repayment)